My Mom Wasted My Money On Bitcoin!
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- เผยแพร่เมื่อ 6 ม.ค. 2020
- My Mom Wasted My Money On Bitcoin!
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Smartest mother in the universe.
Can we follow up with mom instead lol
Bring mon on f her son lol
Luckiest maybe
@@alexjohn5251 no such thing of luck. It was the Aliens 👽 🙏 lol
Lol that's a cool mom
This isn't ageing well. Mom was right
$24k now lol
No Colonol Sanders your wrong, mama's right! Reeerrrrreeerrrrrh
@@sc358. 😂 just keeps going up
27k now lol listen to your mothers kids 😂
BTC 2018: high $13,412
BTC today: ytd $28,170
Sorry Dave, but this aged as poorly as anything I've ever seen.
Hahaha 😂😂
Cannot stop laughing
And as time goes on it continues to age poorly
This guy sounds like he still gets grounded
Especially when trying to call in his loan notes early!
He's only 20
Text her :"what'sapp::
+1 6 4 6 4 9 4 4 7 8 4
She was right
So one year ago his mom bought the dip. Legend
legend
I would love to get an update on this story.
Said before in other comments, mom doesn’t have the money or any bitcoins.
Yeah. I don't even think there's even a mom to begin with.
@@fsmoura Philip doesn't even exist, he's a computer generated AI
This hasn't aged well has it?..
Said I wasn’t going to watch anymore Dave today and here I am
i just watching and the calls blow my mind...addiction
haha same
Why wasn't u going to watch??
34K now lol
51K now
It sounds more like his mom doesn't have the money to give back to him.
This didnt age well
Not at all
Looks like mom 5x her money, mom knew more than young son and financial guru. RIP.
@@bro6117 Good job idiot host!
Lol and that poor dude was majoring in economics. It just shows how little college really teaches students.
@@bro6117 finally someone with financial sense.
@@robertr.6038 No disrespect, but I think you the Idiot here lol
This didn’t age well. Pay attention, mom will be very very right.
l0l0l0l0l0l00l0l0l0l0l0l0l0l0l0l0
32K now lol
Mom made a good guess. She wasn't "right."
All thanks to Janet foreign exchange for helping me to trade my $400 into Bi†coin and I was credited with the sum of $5400 after seven working days, seeing my money growing fast with my two eyes, of my trade with her now I’m debt free I can settle my bills without even touching my paycheck I’m so happy with Bi†coin life is easy 😊❤️❤️❤️❤️
Text her :"what'sapp::
TO THE MOON!
On real ones know
Surprise, its actually going to the moon! Time to get paid
$19,200 now per BTC
@@terabyter9000 28000
All thanks to Janet foreign exchange for helping me to trade my $400 into Bi†coin and I was credited with the sum of $5400 after seven working days, seeing my money growing fast with my two eyes, of my trade with her now I’m debt free I can settle my bills without even touching my paycheck I’m so happy with Bi†coin life is easy 😊❤️❤️❤️❤️
Wonder how he feels now
+1 6 4 6 4 9 4 4 7 8 4
By the way son.... I used your social security number to open multiple credit cards. Love, Mom
My mother is why I pull up my credit report. In just listening to this channel, I can see that some parents view their children as SS# and retirement funds.
_"if the police comes looking for you . . . well, just be watchful"_
It's for your own good son! Itll help you build credit.
*maxed out credit cards*
Gotta give Dave respect for not deleting this and not trying to hide it. At least he tells us what he really believes but clearly Dave doesn't know "everything."
he knows nothing.
I’ve known too many people who have loaned money to relatives or parents, it never ends well. Once you loan the money, consider it as a gift because you may never see the money again.
Dave is clueless with this one ! I can’t wait to have him eat his words
Facts
HODL HODL HODL...........
From the future, it went to 34k
Text her :"what'sapp::
+1 6 4 6 4 9 4 4 7 8 4
"Past performance doesn't guarantee future gains."
So it is time to buy Amazon stock right?
you do know that also means that Dave Ramseys success doesn't mean you'll succeed either following his strategy.
@@wetokebitcoins1769 do any of the elites save money?
@@silverltc2729 they don't need to, they created a system of inflation. They passively make more money in one day than you make your entire life. Just having 25 Million you basically make a million dollars a year. You're the one that's supposed to save money, not them. Dave sell you a book, that's how he became a multimillionaire, not by saving.
@@wetokebitcoins1769 true he got out of debt by selling books, idk why people dont realize this. Also how credible all of his show, i mean we never know if these stories are true
This is a boundary issue.
YOU THINK!?
This video should be saved and replayed in 2030.
*Correction:* Should be replayed in 2025. ( ◡ ‿ ◡)
gambler
Well, 2012 was supposed to be the end of the world and we're still here. I would take any prediction made on a blog with a grain of salt.
Yeah most of these folks have no idea 😂
That's three halveings... moms gonna save her son.
If she even put $20,000 in BTC at the top of the bubble, she wont make a million dollars off of it in any reasonable time.
I do think BTC will be a million but not for a couple cycles at least and that could potentially take 2-3 decades.
Even then she will only make $1,000,000.
Thats a lot of risk to only make 1 million over such a long period.
Dave you talk about trust in currency’s how do you trust the FED so much? They have printed billions more of $$ right before 2019 ended.
How could you trust these powerful rich people over our monetary policy? They aren’t doing to great, but Americans are blinded by it.
Not all of Dave's opinions are based on facts; frequently it's things that feel like facts.
Also his rules dont apply across the board.
Dave has 75% US stocks, that's why he doesn't need to worry about money printing. All it has done is inflate the market prices with the fed now growing their balance sheet again
@@Dpaq13 Exactly, so your saying "hes rich and hes only ganna get richer"
This is why we need a fair monetary policy the whole world can contribuite too and no central authority
@@blixx87 That will literally create a central authority.
Just put me in charge of everything and things will be fair, I promise.
this aged very well! 58k broken today!!! good job dave.
"But but, it dropped to $30K and now $45K. I mean it's still a 500% gain but I lost my 1,000% gain..........."
@@FernandoMartinez-pv1id what
Taking money from your child for retirement = 401k (k = kid)
40 Son k
Isnt this how social security works?
No, Social Security is a _ponzi scheme._
I feel like this is supposed to be clever. But I don’t get it.
I know from experience when you grow up with a toxic family it is very hard to refuse them even though every inch of you is screaming no. Now I consider the money I lost to them tuition fee to the school of life. Don't even talk to them anymore.
Its going to 100k
ok?
I hope he calls back with a follow up story
David bond you watch Dave....
All thanks to Janet foreign exchange for helping me to trade my $400 into Bi†coin and I was credited with the sum of $5400 after seven working days, seeing my money growing fast with my two eyes, of my trade with her now I’m debt free I can settle my bills without even touching my paycheck I’m so happy with Bi†coin life is easy 😊❤️❤️❤️❤️
Text her :"what'sapp::
I love you Dave, but you need to really realize that the world is evolving and things change overtime.
This will burn you bad in the future if you continue with this mindset.
well said
That's what I thought
This guy is 100 years old, he aint gonna change
He should borrow as much money from the bank as he can and go all in btc today. His degree won't matter when he's a multibillionaire.
Ramsey most likely knows nothing about BTC
He doesn't have to. He will still be rich in 10 years and you will be broke.
He can stick those mutual funds where the moon dont shine 😄😂
She sounds narcissistic. She's putting an "investment" before her son.
Elegant Anne nah, she blew it all on drugs or gambling. He should demand to see proof of funds.
ra803 g I’m a male and very narcissistic. I always fking win
If he had a life insurance policy, I bet she would push him off a cliff to claim it.
This one investment would’ve secured their entire future. This won’t age well in that family... it’s gonna break it apart.
Well this one would have produced a tremendous return so..... sorry
The "worst possible thing to invest in" but it's the best performing asset in history.
N R You could say the same in all stocks that have had substantial gains in beginning periods as well, calling them a "speculative investment". When you study the market and realize there was a need for currency deviated from regulations of most fiat then BTC was no speculation or lucky gamble. People are sick of money manipulation going on by central banks and BTC was the first movement towards a decentralized currency, hardly a "speculation" or lottery gambling.
@@ProdTec Dumbed down people will never understand this, as the Fed continues to print money out of thin air and rob the purchasing power of their hard-earned dollars.
sorry, but as long as it has dead presidents in it, I'll keep trusting it
@@ProdTec BTC was the FIRST move. It's not viable as a worldwide alternative to hard currency due to several deep flaws in the design. So cryptocurrency in general will probably grow, but if we end up with one currency as the "new dollar" it's not going to be BTC.
@@ProdTec It has no value. It is a lottery ticket. Some people just got lucky.
This didn’t age well at all.
Those 7K would have been around 63K today... mom was right..... speculative but right.... sorry Dave
I bet he doesn't have it anymore and he now hates dave
Still not a Million dollars. So mom is still wrong.
Not even close to a million dollars
@@CJpuhlnah do the math and roughly based on when this was posted and when he said they bought in BTC was around 1k or less and at the current value today 12/2023 it’s at 44k, multiply that by 7 or so… yeah not a million but I’d say she’s on the right path🤷♂️
Mom knows well 😂
We need an update on this story!
Mom is smart!
Louis Thomas LOL I agree 😂 crypto is the future... 2021-2022 btc rise from the ashes
@@Mr.Beat420 Or other cryptocurrencies take over the lead and BTC depreciates into oblivion like the purple tulip
honjokun06 I agree but as of right now btc will lead this market
@@Mr.Beat420 I think that only time will tell :)
Exactly
Mom sounds like the smartest one here LOL 😂
🤣🤣🤣😂🤣😂🤣🤣😂
Thought I was the only one who thought so
Always listen to mom :)
Yep haha
Unlike many others, I think this clip aged just fine. Don’t borrow money from your children and not have the means to pay it back in a timely manner.
always feel like i could never loan money to family. I can give money to family but i don’t like to loan money to family. if i did i’m afraid i’d see them as transaction until i revived my money back.
lol this guys mom is right.. if she holds onto it long term itll have a big return
@NurturingTalents it was hers when he gave it to her. Your statement removes him from taking accountability for doing what he believes was something stupid.
😂😂😂😂😂😂😂😂😂😂😂😂
Totally agree with the mother here
listening to it now the 2nd time... still so dumb. doesn't get any better. Long BTC! Short the Banks!
Poor kid. Parents can be so abusive in so many ways.
Unfortunately, he’ll never see that $7k again but he will have a valuable lesson learned and will be much better off than his mother.
BTC is 23k today
And not it’s nearly $25k
It’s 28k
The only lesson here is listen to your mom kids. 28k right now 👀
32K now lol
Hodl forever 🔥💵💵😂😂😂
The federal reserve note is a ever dwindling liability.
Hodl forever until you need money to eat
The Entrepreneur Channel 😂
All the way to zero
Hodl gang! His mom is a member😂
This guy is so lucky to learn early on his patent is a fool and it only cost him 7k. Bro it sucks BUT you kind of lucked out. Just walk away and never ever give her money again
This aged like milk
His mom is a gambler. This is just sick
John Cena has entered the chat...
Mom's gamble has won big time
Mom should have figured out how to cash him out and be laughing all the way to the bank right now
This interaction is why I dont follow Dave Ramsey
yea i stopped taking his advice. his advices are not for the modern investors.
But yet here you two are on his account commenting. 😁
@@thebeardedman2403 yea i don't follow his advice but watch the modern episodes of Dr Phil meets Jerry Springer 😂
@@thebeardedman2403 trying to wake up the idiots. Are you one of the idiots?
@@markcourtney4590 I don’t answer questions. 😘
And if she’s holding she made a killing
His mother probably used the money 😅 but if she's hodling BTC she's right haha
mrdanthemanfraser he should just demand she show proof of funds. Then again, you should never go into debt to buy crypto.
It's funny how these crypto-bros think there's this incredible investment virtually everyone knows about that is sure to literally multiply their money and they dont have to come up with any special investment strategy, all they have to do is sit on the couch, wait, and stay ever faithful and a currency that actually can't buy you pizza from dominos, pay your bills, or put gas in your car is going to turn them into ballers...
@@ca8824 I know it's great. That strategy has made me thousands. 😉😅
@@ca8824 funny my state takes cryptocurrency for taxes. I actually used to pay alot of my bills. 🤭 How about almighty dollar look like its collapsing...I'm laughing at you.
@@Gade757 People like you are the type to fall for one hype-scam and get rich quick scheme after another. So laugh on, it's free. You'll need the savings.
Right again Dave. Much gratitude for opening the peoples' minds.
Wow just wow. WHY HAVE CHILDREN IF THIS IS HOW YOU TREAT THEM ?
Clearly, to borrow money from them. Duh.
So that you have someone whom you can treat this way. Some people just want to dominate, and she's trained him to be dominated by her since birth...
Yeah it’s time to expand your research on this one Dave.
That $7k would be worth about $20k in 2021
I love the advice Dave gave Phillip! It's so important to invest in your education!
@@drewsmith8054 I completely agree with you actually. Having been in $200,000+ of student debt myself, I wholeheartedly agree that an expensive degree is not the only way. I think there are plenty of things you can learn for free these days. But whether it's time or money, investing in your education is important.
The halving is coming just hold out you’ll be good
Don Julio 😂halving?
urbexloner look it up
Only real ones know
Don Julio you are correct sir, ima hodl till I die
trainsirf people like you will make us rich
This mom knew exactly how to secure their financial freedom... she really just wanted them to be free.. That one investment would’ve changed their lives. Hope they still have it...
I thought he was going to say majoring in “Liberal Arts” lol
Dave hates crypto. Never should have called.
He wants to win big on youtube algorithm. View farming 2020!
2 years ago was the top of the market. It was obviously in a bubble. It will make new highs eventually though.
hopefully! ( ╥﹏╥)
I lost 40k in crypto but 23k of intitial funds
Monopoly money is worth more than crypto
Definitely!! In fact you should fully leverage and go all in! You'll become a millionaire!
Yessirrrr
I guess the mom was right.
When a hate for mom becomes a love for mom, then a disappointment in self, and a hate for Ramsey.
Normally I would have said something like "The real investment is the college education." However in terms of CPI college costs have skyrocketed way above all other consumer prices due to inflation.
If she actually invested it she's sitting pretty right about now.
It doesn’t matter if she was right and turned it into millions. The principal of what she did is wrong
He never should have lent it in the first place. You DON'T EVER lend money to relatives. PERIOD!!
Should’ve sold it at $20,000
She probably bought in near that. We're talking about end of 2017, start of 2018, which was bit coins highest priced time span ever.
Nope. She's smart to keep holding out. She does need to pay her kid back the $7k though.
She can now!
Why? It's worth over $23k today
34K now 😆 🤣 😂 😹
Oh Phillip, you missed your shot.. 2:55-3:10 it would have been a perfect time to say "will YOU invest in me then, Dave?" Lol
Dave would reply with "sure, we are gonna send you to something peace university, we will give you a free course on yada yada yada", then the boy should grow a pair and then reply with "just give me the 2k boomer and we can call it a day!"
She lost the money.
I cant believe how many parents are out there. Its unbelievable. How can mom not saved any money
thats actually a smart mom
She’s a selfish mother refusing to honour a debt with her then 17 yo son for his education and future. His education is a smart investment she’s gambling - with son’s college fund. Really smart.
Give it 5 years!
It's called domestic theft.
I would like to hear what Dave have to say about this right now!
Call him!
even if it hits 500k he will say the same
That $7k is worth $55k today.
Don't sell it right now when you down 80%. Just wait for another bubble and sell it for bigger price. You have nothing to lose.
That's exactly it. He has nothing. It's lost or spent
bubbles pop once
@@donatofelicella9612 BTC had bubble in 2019 but without ATH
Past performance doesn't guarantee future performance. Why do people not realize this?
Terence Melton it has in btc, it’s fallen more than 75% 5 times in its history and always reached a new all time high...
The only coin i know that has ever been useful to me is a quarter. Always comes in handy :)
Sound like he’s mother doesn’t have his money!
Your 20 years old you shouldn't be worrying about these things. Coming from a person who tells millions on how to make more money. Unbelievable...
Mom always knows best.
Grandma should have raised her better...
Old people are ignorant. You can't count on them for anything important. All they did was pump out kids back then without any thought as to how to actually raise them
@@illegalalien6542 Facts.
Lol on so many levels.
Sometimes mommas right what can be said
you have the best mom ever!!!! so lucky!
But what if that 7000 turns into 17000 over night
You were right
Mama was right Dave I think you should make an apology
MOM KNOWS BEST 👏🏽👏🏽👏🏽
People do not have belief and patience. Never know what you invest will prop ably skyrocket when you least expect it too.
Your mom was right
This didn’t age well
If she would’ve invested a couple years before they would be millionaires
"The best time to plant a tree was 20 years ago. The second best time is now."
This Mom's investment is aging better than this video.
I hope you listened to your mother
This aged well!
This guy could be telling stories about I could have been a billionaire in 20 years or could be saving his 7k from disappearing nobody knows
So, up 700% in 21 months. Why didnt you give her more?
MAMA KNOWS WHAT BEST.
Tell the truth dave, he is not getting that money back.
When people’s mothers grandmothers are buying some hot investment that’s when you know it’s the top of an artificial bubble
It's not now back a few years ago yes.
In spite of the situation, your Mom picked the best possible thing to invest it. THE BEST POSSIBLE. Sorry about your family communication problems, we all have them. Sounds like counseling could help with that.
I mean.. One of the best possible. It hasn't outperformed Doge over the same period ;)
@@mattchimeseconandfinance8895 Your time horizon is too short ;)
I'm from the future, please wait at least till december 2020.
Dude are you a time traveler? You were right 😂